Search found 179 matches

by Oakwood42
Tue Oct 15, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 71
Views: 4593

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

305pelusa wrote:
Fri Oct 11, 2019 9:34 pm
Sounds like an excellent idea. Invest it per your IPS (whether that's stocks or mortgage, or whatever else)
+1
by Oakwood42
Thu Aug 29, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Purchasing a truck - thoughts?
Replies: 105
Views: 6651

Re: Purchasing a truck - thoughts?

Summit111 wrote:
Tue Aug 27, 2019 9:55 pm
Can’t beat Toyota for reliability....Have a 2001 Tacoma with 310,000 trouble free miles...

Summit
wow good stuff!
by Oakwood42
Mon Aug 19, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone retire in their 30s?
Replies: 108
Views: 13978

Re: Anyone retire in their 30s?

Retired 20 years, now aged 75. This past year has been rather boring. Spending more and more time on BH! Bucket list finished a decade ago. Too lazy even to pursue my old hobbies. Seen the world, etc. Been around twice. Health and wealth fine. Be careful as to what you wish for. I am not keen for a...
by Oakwood42
Mon Aug 19, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone retire in their 30s?
Replies: 108
Views: 13978

Re: Anyone retire in their 30s?

AerialWombat wrote:
Sat Aug 17, 2019 11:46 pm
Nathan Drake wrote:
Sat Aug 17, 2019 9:21 pm

How does one work less and make more?
Own the company.
lol
by Oakwood42
Mon Aug 19, 2019 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone retire in their 30s?
Replies: 108
Views: 13978

Re: Anyone retire in their 30s?

I can relate to what you are feeling. I got a late start (started college at age 23) and started my first real full-time job at age 29 (engineering) in Silicon Valley with a graduate degree from a top university. I loved my job for almost one decade and I was a star at work (same company whole way ...
by Oakwood42
Mon Aug 19, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'
Replies: 101
Views: 10640

Re: GE shares tank more than 13% after Madoff whistleblower calls it a ‘bigger fraud than Enron'

There are so many laws about insider trading and other things involved with knowledge about how a stock could go. How could it be legal for a company to take a short position and then publish information that might make the stock tank? I believe that there is a fairly large amount of case law about...
by Oakwood42
Thu Aug 15, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: Woodstock
Replies: 93
Views: 8873

Re: Woodstock as it happened

This is of personal interest and given the age of many Bogleheads, I think of interest to others and certainly actionable. WXPN is playing all the Woodstock recordings, as they happened, starting about an hour ago and continuing through the weekend. You can listen on the radio in the Philadelphia a...
by Oakwood42
Thu Aug 15, 2019 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Are you a "solo ager?"
Replies: 133
Views: 17907

Re: Are you a "solo ager?"

Sandtrap wrote:
Fri Aug 09, 2019 8:32 am
ionball wrote:
Fri Aug 09, 2019 8:31 am
Thanks for sharing this important topic. Health problems have a way of sneaking up as we age and cognitive decline can be a very challenging problem.
+1
Yes.
I have both.
What was the question, again?
:oops:
lol
by Oakwood42
Tue Aug 13, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 92
Views: 10384

Re: this time it's different

Just wondering if others feel the coming decades will be fundamentally different from the past, and how to act on it. The fundamental difference to my mind is that the large majority of the world's economic growth in the decades ahead will be in Asia (China, India, Indonesia, etc.) — rather than th...
by Oakwood42
Mon Aug 12, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord - NFL Network?
Replies: 45
Views: 3468

Re: Cutting the Cord - NFL Network?

Interestingly enough I have no cord (or internet) - DVDs and when football rolls around I plan to use an antenna for Eagles games on Sunday. That's all.
by Oakwood42
Mon Aug 12, 2019 7:09 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord - NFL Network?
Replies: 45
Views: 3468

Re: Cutting the Cord - NFL Network?

"Don't give up yet OP. You just gotta get the right person on the other end of the call."

lol
by Oakwood42
Wed Aug 07, 2019 2:42 pm
Forum: Personal Investments
Topic: Total China Index ETF
Replies: 1
Views: 230

Re: Total China Index ETF

OK - I think I figured this out. I would have to be in Hong Kong to buy this product - LOL.
by Oakwood42
Wed Aug 07, 2019 2:24 pm
Forum: Personal Investments
Topic: Total China Index ETF
Replies: 1
Views: 230

Total China Index ETF

Good Afternoon,

Does anybody invest in the Total China Index ETF offered by Vanguard? If so, what has your experience been and how much of your portfolio (%) do you allocate?

Thank you,

Oakwood42
by Oakwood42
Tue Aug 06, 2019 7:35 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 18041

Re: Why Mr. Bogle prefers U.S stocks

Taylor, Thank you for summarizing Mr. Bogle’s position on foreign holdings. We have followed his advice over the past 10 years (despite being advised otherwise by our VG CFP) and limited our international AA to no more than 10% of equity holdings (“if you must”). As I look back over the last 10 yea...
by Oakwood42
Tue Aug 06, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 114
Views: 11005

Re: Amazon Prime - Value?

stl717 wrote:
Mon Sep 10, 2018 8:55 am
I cancelled Prime a year or two ago. We really haven't missed it much.
+1
by Oakwood42
Tue Aug 06, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Employer offering equity in company. What questions to ask?
Replies: 37
Views: 3030

Re: Employer offering equity in company. What questions to ask?

+ 1 require more information from Topic Author.
by Oakwood42
Wed Jul 31, 2019 1:32 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 264
Views: 28915

Re: Small Cap Value heads Rejoice !!!

whodidntante wrote:
Wed Jul 31, 2019 1:18 pm
I'll have to ask my guy if it's a good time to bet the farm on SCV.

Just kidding, I don't have a guy or a farm.
lol
by Oakwood42
Thu Jul 18, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: If you own a sportfishing boat...when did you pull the trigger?
Replies: 18
Views: 1731

Re: If you own a sportfishing boat...when did you pull the trigger?

DanMahowny wrote:
Thu Jul 18, 2019 6:36 pm
Sorry OP, I can't provide any answers.

But I'd like to become best friends with the owner of a high end sport fishing boat.
lol
by Oakwood42
Thu Jul 18, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: If you own a sportfishing boat...when did you pull the trigger?
Replies: 18
Views: 1731

Re: If you own a sportfishing boat...when did you pull the trigger?

I would be interested to here some feedback - not sure if there will be any but interested nonetheless.
by Oakwood42
Mon Jul 15, 2019 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 79
Views: 6837

Re: The Boglehead is anti-entrepreneur?

I think this post demonstrates a misunderstanding of Bogleheads, entrepreneurialism, and the average investor. Are Bogleheads more conservative than the average person? Absolutely not . This isn't even remotely in question. Bogleheads embrace equity investing in amounts that are vastly higher than ...
by Oakwood42
Mon Jul 15, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant turned off all utilities advice please!!
Replies: 85
Views: 8152

Re: Tenant turned off all utilities advice please!!

ohai wrote:
Mon Jul 15, 2019 8:37 am
Isn't the security deposit created for exactly situations like this?
+1
by Oakwood42
Thu Jul 11, 2019 7:19 pm
Forum: US Chapters
Topic: New York City Local Chapter established
Replies: 247
Views: 83599

Re: New York City Local Chapter established

Here are the details for our next meeting: Date: Sunday, July 21 Time: 2pm (venue closes at 6pm) Location: Signature Theater cafe seating area, 480 West 42nd Street After you enter the building through the glass doors, go up the staircase to the cafe area. This area is open to the public and there ...
by Oakwood42
Thu Jul 11, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: What are the rungs on the career ladder?
Replies: 36
Views: 4800

Re: What are the rungs on the career ladder?

I don't know but the way I look at it is this. You have to think about what segment you are aiming for. Also, you need to make an honest appraisal of how you compare to the other competitors "in the hunt." At the end of the day, one must ask oneself what is it that distinguishes oneself from the ot...
by Oakwood42
Thu Jul 11, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Living Options
Replies: 52
Views: 5698

Re: NYC Living Options

Hey everyone, As I mentioned in another thread, I should be finally starting my dream job shortly. This will require me to move to the NYC area where I will need easy access to all 3 airports, LaGuardia, Kennedy, and sometimes Newark. I've always wanted to live in NYC but could never justify it. No...
by Oakwood42
Thu Jul 11, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Living Options
Replies: 52
Views: 5698

Re: NYC Living Options

I'd say you should live in Manhattan or Brooklyn. You are young, go for it. Don't compromise, live the dream. You will not regret it. I agree, rent before you buy. You have to get a feel for all the ins & outs of NYC real estate. You might end up in a great rent controlled apartment you could keep ...
by Oakwood42
Wed Jul 10, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 9488

Re: Who cuts your hair? And for how much?

Vietnamese Barber Shop

Haircut -$6.00
Shampoo - $4.00
Tip - $10.00

Total - $20.00

I know I have the best deal on this thread without a doubt.
by Oakwood42
Wed Jul 03, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6492

Re: Adult son has not controlled credit card overuse!

However, before he can change, he must WANT to make the change. He may need to hit bottom before he's ready to actually change his behavior. This is the key. As Ramsey would say, one has to get to the place where they are sick-and-tired of being sick-and-tired. +1 million. j LOL +2 million
by Oakwood42
Wed Jul 03, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6492

Re: Adult son has not controlled credit card overuse!

I don't know how to turn a grasshopper into an ant. I choose to believe, and have some degree of faith - that folks can change (to a degree at least) - both for the better and for the worse. Haven't most of us here seen a positive change either in ourselves or in someone we know well? Positive chan...
by Oakwood42
Wed Jul 03, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Adult son has not controlled credit card overuse!
Replies: 106
Views: 6492

Re: Adult son has not controlled credit card overuse!

inverter wrote:
Wed Jul 03, 2019 11:47 am
I would stay completely out of it.
+1
by Oakwood42
Wed Jul 03, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: SF Bay area: high school and college apps
Replies: 18
Views: 1934

Re: SF Bay area: high school and college apps

My situation: 2 kids, 3rd and 6th grade from Sept going to a local private school. Generally happy with this school. School pushes them academically in a good way to be about a grade or so ahead of public schools. Dilemma: How to set my kids up for success thru high school and college applications....
by Oakwood42
Mon Jul 01, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 328
Views: 78064

Re: What age did you reach 100K networth?

I didn’t hit $100k net worth until late 2016, probably, at age 38. By 42, I’ll be at $2 million (on paper). It’s been an amazing three years. Making up for lost time. Great! Honestly, it’s been mostly luck. Lucky appreciation in my rental properties that are located in two super-hot markets. Luck i...
by Oakwood42
Mon Jul 01, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 328
Views: 78064

Re: What age did you reach 100K networth?

JM555 wrote:
Mon May 20, 2019 10:25 pm
countofmc wrote:
Fri Mar 28, 2014 1:44 pm
Early 30s, was pretty damn excited about it, until I found this thread.


😂😂😂😂😂😂🤙🤙🤙🤙🤙


I feel you my brother. Hopefully by the end of this year. Mid 30’s
LOL +1
by Oakwood42
Mon Jul 01, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL vs LCOL Dilemma
Replies: 96
Views: 5089

Re: HCOL vs LCOL Dilemma

We relocated from the Bay Are to New England a little over a year ago. We have 3 children. The oldest is going to 3rd grade next school year. DW hates it here due to much lower diversity. We are literally the only family in our small rural town that is not white. I on the other hand absolutely love...
by Oakwood42
Mon Jul 01, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL vs LCOL Dilemma
Replies: 96
Views: 5089

Re: HCOL vs LCOL Dilemma

sambb wrote:
Mon Jul 01, 2019 4:45 am
If you can handle the weather and demographic/political differences, you will do better in the long term financially in texas probably, given the limited information herein.

LCOL is a big deal.
"LCOL is a big deal." BIG DEAL
by Oakwood42
Mon Jul 01, 2019 12:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1547
Views: 160011

Re: U.S. stocks continue to soar!

jebmke wrote:
Mon Jul 01, 2019 10:20 am
FireHorse wrote:
Mon Jul 01, 2019 10:16 am
It looks like today is another new high
the day isn't even half over. We could still hit a new low for the month.
lol
by Oakwood42
Fri Jun 28, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: Hitting Critical Mass and then dealing with those feelings of Surreal
Replies: 51
Views: 6716

Re: Hitting Critical Mass and then dealing with those feelings of Surreal

Shallowpockets wrote:
Fri Jun 28, 2019 12:02 pm
It is unbelievable that my assets increase since being retired by a greater amount than my gross income used to be.
awesome
by Oakwood42
Wed Jun 26, 2019 8:56 pm
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 188
Views: 35751

Re: Study: The Rate of Return on Everything, 1870-2015

TheBogleWay wrote:
Wed Aug 16, 2017 2:18 am
So... are you more well off investing in stocks like a lazy 3 fund portfolio, or likely to be more well off buying and renting out houses lol. How about some laymens terms ;)
LOL
by Oakwood42
Mon Jun 24, 2019 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 145
Views: 13655

Re: How did you lower your annual expenses?

... only two children to care for, I am just amazed at our spend! What did you do to dramatically reduce your bills? We stopped spending on our children and kicked them out of the house. Best move we ever made. But kids got hand-me-down from cousins and friends. Also we made them eat at their frien...
by Oakwood42
Mon Jun 24, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Anyone moved cross country. How did you manage to do it without going nuts??
Replies: 47
Views: 4433

Re: Anyone moved cross country. How did you manage to do it without going nuts??

livesoft wrote:
Fri Jun 21, 2019 5:00 pm
I've moved from Houston to NY, then years later from NY to Houston. Really no big deal, but I tend not to stress about anything.

But why bother to ship cars when you can do a very nice road trip. That's the really easy part.
+1
by Oakwood42
Tue Jun 18, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39798

Re: For those who earn $500k+ per year. How'd you do that?

I chose a career where I knew I'd never make millions. It is stable with good benefits and higher than average pay. Sometimes I dream of chasing the big bucks and wonder what specific skills have lead to people earning ultra-high incomes. If you earn over $500k/year, what's your story? Commissioned...
by Oakwood42
Tue Jun 11, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Thinking of leasing bmw 3 series
Replies: 56
Views: 4545

Re: Thinking of leasing bmw 3 series

For me it just really shakes out to the math. Add up the maintenance and repairs. You will likely find that leasing is more expensive unless you have had awful luck with major mechanical problems. Newer cars have more expensive property taxes, sales taxes, and insurance so that’s all worth consider...
by Oakwood42
Tue Jun 11, 2019 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to preserve $10M+ in wealth owned by unsophisticated people?
Replies: 82
Views: 15277

Re: How to preserve $10M+ in wealth owned by unsophisticated people?

Step by steps: 1. You can do little until you inherit the funds/assets. Or at least only in a limited way. Meet with all parties concerned, do you best to preserve what is there. 2. There might not be 10M at the time you inherit. Maybe nothing? Maybe other "things". 3. Estate dissolution and distri...
by Oakwood42
Mon Jun 10, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 20353

Re: Paying for rent is throwing away money...myth?

If you want to live in a safe very desirable area it makes sense to buy a home instead of renting. Rents in safe and very desirable areas will never stop increasing because there will almost always be increasing demand. Owning a home in safe and desirable places means a home in that area is almost ...
by Oakwood42
Fri Jun 07, 2019 8:34 pm
Forum: Personal Investments
Topic: Resident Physician
Replies: 33
Views: 4928

Re: Resident Physician

bondsr4me wrote:
Thu Jun 06, 2019 7:43 am
There is a Boglehead who posts here occasionally called The White Coat Investor.
His website is the same. He has a book geared towards "White Coat" investors...just like you.
I purchased his book (did not read it myself) for my doctor who was retiring.
Hope this helps you.
Good Luck to you!
+1
by Oakwood42
Wed Jun 05, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39798

Re: For those who earn $500k+ per year. How'd you do that?

Was making $300k as Wall st tech consultant, started consulting business, 3rd year broke $500k, last two years before we sold, 7 figures. Retired after selling. Life changing, allowed us to send kids to the colleges of their choice, travel, Manhattan apt. Lots of bogleheaders have gotten to financi...
by Oakwood42
Wed Jun 05, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39798

Re: For those who earn $500k+ per year. How'd you do that?

It's relatively straightforward to be in your mid-30s, you and spouse making $250k a piece and working 40 hours a week as Managers / Sr. Managers in MegaCorp. Describes my household at least. Was household income the question? My point is that it’s perfectly reasonable to get to $500k without makin...
by Oakwood42
Wed Jun 05, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39798

Re: For those who earn $500k+ per year. How'd you do that?

I'll add another tidbit for anyone that might be reading looking to climb the ladder. Especially any younger singles or DINKs. In the case of my spouse, a LOT of advancement can be traced back to our willingness to relocate to where the company needed us. We've relocated 6 or 7 times, which make no...
by Oakwood42
Wed Jun 05, 2019 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39798

Re: For those who earn $500k+ per year. How'd you do that?

RAchip wrote:
Fri May 31, 2019 5:15 pm
I made a lot of money as a lawyer. Now I make around $700k per year in dividends and interest from investments. A lot of money is in ultra conservative investments and extra homes so I could re-jigger things to produce a lot more income if I wanted to.
Awesome
by Oakwood42
Wed Jun 05, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39798

Re: For those who earn $500k+ per year. How'd you do that?

This is a chart of my income, net worth vs. saving 15% of my income. I finally catch up this year to the just save 15% all the time line. Sure wish I were smarter when I was young. http://www.early-retirement.org/forums/members/35183-albums227-picture1889.jpg Interesting how your net worth starting...
by Oakwood42
Wed Jun 05, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 39798

Re: For those who earn $500k+ per year. How'd you do that?

Retired military fighter/test pilot ($100k). Transitioned to business development starting at the director level of $200M division ($150k). Moved up to VP of BD at the billion dollar level ($400k) then president of a division ($600k total comp). At the president level, comp is 1/3 salary, 1/3 bonus...